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CMHC says annual pace of housing starts in Canada slowed in August

CMHC says annual pace of housing starts in Canada slowed in August

OTTAWA — Canada Mortgage and Housing Corp. says the annual pace of housing starts in August slowed 22 per cent compared with July.
B.C. Ferries aims to add seven new major vessels to its fleet

B.C. Ferries aims to add seven new major vessels to its fleet

A request for proposals to design and build the diesel-electric hybrid ferries was issued on Monday.
Tensions, rhetoric abound as MPs return to House of Commons, spar over carbon price

Tensions, rhetoric abound as MPs return to House of Commons, spar over carbon price

OTTAWA — The Liberals sharpened their attacks on the Conservatives as the House of Commons returned from its summer break on Monday with the prospect of a snap election looming large.
BC Green Party leader decries financialization of housing

BC Green Party leader decries financialization of housing

Short-term thinking by previous governments has led to untenable conditions, Furstenau says
Politics likely pushed Air Canada toward deal with ‘unheard of’ gains for pilots

Politics likely pushed Air Canada toward deal with ‘unheard of’ gains for pilots

MONTREAL — Politics, public opinion and salary hikes south of the border helped push Air Canada toward a deal that secures major pay gains for pilots, experts say.
Fed intervention in labour disputes could set dangerous precedent: labour experts

Fed intervention in labour disputes could set dangerous precedent: labour experts

In an era of increased strike activity and union power, labour experts say it’s not surprising to see more calls for government intervention in certain sectors like transportation.
National housing market in 'holding pattern' as buyers patient for lower rates: CREA

National housing market in 'holding pattern' as buyers patient for lower rates: CREA

The Canadian Real Estate Association says the number of homes sold in August fell compared with a year ago as the market remained largely "stuck in a holding pattern" despite borrowing costs beginning to come down.
Liberals announce expansion to mortgage eligibility, draft rights for renters, buyers

Liberals announce expansion to mortgage eligibility, draft rights for renters, buyers

The price cap for insured mortgages will be boosted for the first time since 2012, moving to $1.5 million from $1 million, to allow more people to qualify for a mortgage with less than a 20 per cent down payment.
Statistics Canada says manufacturing sales up 1.4% in July at $71B

Statistics Canada says manufacturing sales up 1.4% in July at $71B

OTTAWA — Statistics Canada says manufacturing sales rose 1.4 per cent to $71 billion in July, helped by higher sales in the petroleum and coal and chemical product subsectors. The increase followed a 1.7 per cent decrease in June.
B.C. municipal leaders gather to talk infrastructure, addiction, emergency management

B.C. municipal leaders gather to talk infrastructure, addiction, emergency management

VANCOUVER — The president of the Union of B.C. Municipalities says communities have billions of dollars worth of infrastructure that will need replacing in the next decade and the province needs to step in with new funding to help.
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